Skip to main content

About your Search

Search Results 0 to 35 of about 36 (some duplicates have been removed)
Jan 18, 2013 5:00pm PST
president's declaration that he won't negotiate over the debt ceiling, republicans backed down. he this raised the borrowing limit, but just for three months. and if democrats don't agree to a budget of deep spending cuts by april, they cut off lawmakers paychecks. >> why should the american public pay elected officials if they do not do their fundamental right and passes a budget. >> it's been a long time since we have seen a positive to dee fine a second term. >> the bush second term was plagued by iraq and scandal. amid the preparations for celebration, the new obama term starts with a buth confrontation. >> white house is trying to put a bright spin on it saying that the republicans have backed down from what the white house calls the threat to hold the u.s. economy hostage. >> thank you, steve. we will have continuing coverage throughout the weekend, our political analyst will join our team ofrespondents as the president begins his second term. the big public swearing in is on monday. >> i remember four years ago it was bitter freezing temperatures. it will be better, jeff? >> yeah
Jan 18, 2013 6:00pm PST
to the president's declaration that he won't negotiate over the debt ceiling, republicans backed down. they raised the borrowing limit but just for three months. and if democrats don't agree to a budget to spending cuts by april, they cut off lawmakers' paychecks. >> why should the american public pay elected officials if they don't do the fundamental job to pass the budget. >> reporter: since richard nixon resigned, second terms have had negative starts. >> it's been a long time since we've seen an effective second term. >> reporter: the bush 43 second term plagued by iraq and katarina and scandal and impeachment. the new obama term starts with a budget confrontation. i'm steve handlesman, nbc bay area news. >>> and we will have coverage throughout inauguration weekend. larry gerston will have live reports as president obama begins his second term. >>> many people believe the political climate continues to get worse. how much should president obama be blamed? one of the most accomplished washington insiders is speaking out about mr. obama. we sit down with the former secretary of labor rob
Jan 19, 2013 8:00am EST
ceiling. at least for now. top republicans backed down from their hard line stance and say they will vote next week to raise the government's borrowing limit for three months, without demanding immediate spending cuts. they are hoping the move will get democrats involved in the deficit reduction debate by passing a budget by april. >>> and former new orleans mayor, ray nagin, who promised to crack down on corruption, has been indicted on corruption charges. nagin is facing 21 counts, including wire fraud, bribery and money laundering. abc's mark greenblatt has this story. >> reporter: indicted for corruption. the one-time former rock star mayor of new orleans, stands accused of what he campaigned against. >> this state and this city, is saying to the old-line politicos we're tired of the games. we're tired of the corruption. and we want to go in a new direction. >> reporter: it's a striking fall from grace for ray nagin, as the justice department indicts him for awarding lucrative contracts and in exchange for kickbacks and trips to vacation hot spots, such as hawaii and vegas.
Jan 19, 2013 6:00pm EST
down the government and they got shellacked. they tried to force the issue using the debt ceiling in 2011 and using the fiscal cliff in january. i was as gung-ho as any of them to force obama into cutting spending in a government -- the government is spending us into penury. but it failed. the reason is, you cannot govern from one house of congress. that is the lesson. that is the truth. i wrote a column this morning saying, you have to recognize you cannot use these things because in the and you will have to cave. will be humiliated, your ratings will be low, as mark indicated, and you will not get the spending cuts anyways. realism has certainly taken over republican leadership, and i do not think that the republican house is going to want to go over the cliff. >> look and what has happened. the president has gone from dealing with the big problem that faces the whole country, to trying to destroy the republican party. is exactly what the public does not want. that is what is happening. we are turning into small, petty brinksmanship. let's see if we could crush the republican pa
Jan 18, 2013 10:00pm PST
debt ceiling increases. they say the debt ceiling, they know it doesn't give them real leverage but gives them an opportunity to give real messaging. they wouldn't provide a show-down where they say not raising it. they come to terms with having lost the election. charles krauthammer wrote today, the general rule is from the single house of congress, you can't impose, aren't you failing the country? the country chose obama, if you want to save the republic, save the next election. if your conservative philosophy is indeed right, winning will come. joining me now, robert costa, and dave weigel, both of them doing great reporting, i appreciate you being here. robert, i want to start with you, tell me the thinking behind the three-month extension, why three months? >> a lot of it has to do public relations, i think what i heard from the retreat, and members in the room, they want to start to win the pr battle again, to do it they have to take the debt limit off the table, and fight with spending in regard to the upcoming defense cuts, the sequester. they want to put the debt limit off for three months, get it out of the headlines, not let the president use it as a republica
Jan 18, 2013 5:30pm PST
the debt ceiling, not just three months. >> pelley: nancy, thanks. president obama is about to begin his second term and security for the inaugural ceremonies on monday will, of course, be extremely tight. uniform police will be everywhere, but we asked john miller to tell us about the security operations that you won't see. >> i, barack hussein obama do solemnly swear -- >> reporter: during president obama's first inauguration there was a threat taken so seriously that counterterrorism agents seemed to be everywhere in the crowd of two million. in east africa, people were taken into custody and given lie detector tests by the f.b.i. in tend, the tip turned out to be wrong but it gave a young administration on its very first day a picture of what can go on behind the scenes of a major event. for this inauguration, some of the security is meant to be obvious: the coast guard will shut down the potomac river, but some of the security is meant to be nearly invisible. at union station who two men who could have been waiting for a train were actually d.h.s. behavioral detection officers w
Jan 19, 2013 6:30pm EST
it's not just about the debt ceiling. this is one of the reasons the inauguration comes at such a dreary times. we just had this boring fight. >> i thought it was exciting . >> that's not exciting lemplet -- that's not exciting. >> he clearly has a different idea of exciting. >> there was a fight about the sequester and the regular roll budget. the debt ceiling is one where real ugly consequences were likely to happen. an they were likely to get blamed. they want to move that to the last of fights. . it's still going to be the same fight over how do you distribute resources in the time of scarcity? >> president obama stared them down on this. he said i'm not going to negotiate. a i'm not going -- this is a separate thing unnegotiateable. they said we're decoupling it from the immediate to other showdowns coming up. >> yeah, and here's the one opportunity, i think the republicans want to say, ok, the fight has been internal for republicans. fine, democrats. let's see what you do on entitlement. let's go. you keep putting it on the table. >> is he coming back to leverage? >> because
Jan 19, 2013 12:00am PST
republican budget chairman paul ryan told members they need to be prepared for a debt ceiling increase. the attitudes from republican leaders are a lot different today. senator jon cornyn of texas wrote an op-ed said it may be necessary to partially shut down the government in order to secure the long-term fiscal well-being of the country. now cornyn tells the chronicle editorial board we will raise the debt ceiling. we are not going to default on our ded debt. two years ago, they were gloating over their debt ceiling hostage strategy. >> no president in the near future, maybe in the distant future, will be able to get the debt ceiling increased without a reignition, reigniting of the same discussion of how do we cut spending and get america headed in the right direction. i expect the next president, whoever that is, will be asking us to raise the debt ceiling again in 2013. we'll be doing it all over. >> today, mitch mcconnell doesn't sound so tough. instead of demanding spending cuts on entitlement reform, here is his new demand. the american people expect the senate to finally pass a budget. this is the new republican leverage. it's a pretty weak hand. don't you think? house republican whip kevin mccarthy was in full spin mode about the new
Jan 19, 2013 4:00pm EST
debt ceiling go up has matched by spending cuts. they have backed down from that view, in terms of having a three-month extension, that is because of the polls showing the president has the upper hand on the issue. >> do you think we are witnessing a strategy shift inside the gop? >> they have to have a strategy shift, you said that was the key thing that was coming out of the conference. we know that they are probably talking about appealing to minority voters and getting women back on track. >> isn't that a conference they have in gop meetings every two years? >> i don't think the conversation that is real. but now it's how to resonate with the constituents they are trying to appeal to. >> it's a time of rethinking for the republican party. what i was struck by was paul ryan's role. telling them that they have to have a strategy. and that they have to tread carefully right nowity upcoming fights. >> one of the things that was announced the rebranding of the campaign group, obama for america, and jim messina was on, a few minutes ago to talk about the new group. it was going to wo
Jan 18, 2013 7:00pm EST
republicans are being clever in some respects. no government shutdown. no debt ceiling default. okay. but mark, the problem i have is they refuse to talk about the across-the-board automatic spending cuts in the so-called sequester. it's about 80, $100 billion this year and $1.2 trillion over ten years. to me that is their biggest mistake. that is already the law. the democrats are trying to hedge on it. the president has already said it's not going to happen. this is where the republicans should go. and they won't go there. and that's why i doubt their bona fides on spending. >> you have to first of all as i said before get across that spending levels are stoo high. keith, you would agree with that, right? >> no. >> see what i mean? they're too high. >> perfect. right. >> you think this level is appropriate. 25% gdp. >> you're talking about gdp to spending -- >> yeah. >> yeah, that is too high. but that's not because we're spending too much. it's because our revenues aren't -- the reason our revenues is r. in decline is we're in a very weak recovery. we got out of the worst resgs -- >> w
Jan 18, 2013 6:00pm PST
would raise the debt ceiling both on it next week. i think the president understood that he came out of the initial round strengthened and the republicans came out weakened. right now, the republican party is in as bad shape politically as i can ever remember it being. the republican party which was favorable in public opinion just as recently as two years ago is now minus 23% unfavourable. john boehner, who was favorable has dropped to the point where he is 19% unfavourable in public opinion polls. it is the lowest ever recorded in the history of "the wall street journal," nbc poll so they had to get out of this. they couldn't face this fight again. in the sense of people is that if it did lead to the government defaulting on its obligations and social security checks not going out, checks not going out to personnel, the republicans would be blamed again. so i think the president understood the advantage he had. and he played it. >> and the republicans understood their own situation in today's actions. >> the professionals did, john boehner did. i think what we have seen in today's act
Jan 19, 2013 3:00pm EST
debt ceiling to decreasing spending on programs that benefit the middle class, i think it's the republicans' ultimate objective and i certainly do not support that. so we can postpone the day of reckoning, kick the can down the road as this -- the 112th congress did and as the 113th congress -- >> congressman, i didn't mean to cut you off there, but i do want to follow up to something you said, do you support cutting spending at all? do you support cutting any aspect of spending? >> i think that's a legitimate topic that should be under discussion. i think there is a lot of room in the defense budget for cuts, but our primary focus in terms of the economy should be job creation. so that means that the government has to spend in order to create economic stability. economic progress. we need jobs in this economy for middle class people and that's what will make this economy stronger and so if we cut then we're going against that very basic economic principle. when you constrict the budget and cut off the flow of money, you're not going have as many jobs available. so i am not -- i am not in favor of drastic cuts in spending at this time, but i do think long term we should be looking at reducing our debt and re
FOX News
Jan 19, 2013 1:00pm PST
ceiling. >> many recipients rely on their monthly checks to make ends meet and economy benefits from them spending money. there would be a trickle down effect and the treasury department would only have enough funding to cover 60% of the country's financial obligations. some think something has to give and something has to be done if the government is forced to pick and choose, what would save social security from being targeted? >> first off they would prioritize and the elderly and social security they care about. they would be the first ones that will be taken care of as far as the medicare and medicaid. that is why i'm not worried about that. in the past when it happened in 1996, they took treasury took special steps to ensure things got paid out until things got done. i'm a big believer there is enough fed up americans right now, and these politicians realize they are getting more fed up something will get them sooner than later, just like the fiscal cliff. >> heather: you mentioned what happened in the mid 1990s, congress gave the treasury authority to issue enough to cover social security payments for the month of march. an estimated
Jan 19, 2013 12:00pm EST
, even after this three-month reprieve. do you agree with that? >> i think the debt ceiling thing is going to keep coming up over and over again because the republicans don't want to concede the whole issue to the president. at the same time, the president is so much more popular than congress, it is hard to have a one-on-one fight with someone who's so much more popular than you are. >> absolutely. i would not be surprised if we see kick the can down the road legislation repeatedly, not just with this but obviously with the continuing resolution to finance the government, that kind of stuff, it's all going to be three-month, six-month extensions. >> frustrating. but we're talking about it. very good to see you both. thank you for being here. >>> let's go to the weather and the inaugural forecast calls for cool temperatures. even some snow perhaps in washington, d.c. but it won't be the coldest inauguration ever. our meteorologist is here with the forecast. hello. >> hi, alex. chilly temperatures will work into the d.c. area over the course of the weekend. right now, things are prett
FOX News
Jan 19, 2013 3:00am PST
debt ceiling debate and this time around they said we're not going to give the president is pass, they will for three months, said they're kicking the can down the road again. this is what congress does so well, is that we have a huge looming problem, let's decide on it and deal with it in three months from now. >> tucker: and yes, it's a gimmick, but warms my heart and most american regardless of party feels the same way, if under this proposed bill congress does not cut spending and write up a budget, which they haven't done in three years in the senate, then members of congress will forfeit their pay. don't do your job, don't get paid. >> clayton: you're right to call it a gimmick, and i've never heard you agree with nancy pelosi. >> tucker: it's a wonderful gimmick, i endorse, why not? why are we paying these people if they're not writing budgets. >> clayton: they can't cash a paycheck unless they do their job. number one, they don't know if it's constitutional, you stop congress getting paid as a result of it. the second part, it could be a gimmick and we'll have to relitigate this in three months ago frustrates american businesses and they
Search Results 0 to 35 of about 36 (some duplicates have been removed)